Monthly Archives: January 2010

Business Matchmaking and SBDC team to help entrepreneurs access contracts
Statewide small business stimulus program heads to Riverside

SACRAMENTO — On Feb. 4 Riverside businesses will have the opportunity to participate in a free statewide program aimed at increasing small business readiness to access stimulus-funded contracts through President Obama’s Economic Recovery Plan.Continue reading →

Fitch’s December Retail Credit Card Index results show that more than one in every eight dollars of receivables was written off as uncollectable during the November collection period on an annualized basis.

Similar to chargeoffs, the deterioration in delinquencies has slowed significantly from the previous year, yet they still remain almost 48% higher than 2007. Despite these short term improvements, Fitch expects retail credit card delinquencies to remain elevated throughout first half 2010 in line with its expectations for unemployment.

01/21/10 | Chino Hills, CA : The creators of WhiteBoard Partners, LLC announce the launch of Custom Business Planning and Solutions (CustomBPS). CustomBPS will retain many of the award winning aspects of WhiteBoard Partners while adding flexibility in how products are created and brought to market.

The new branding emphasizes the true, individual, custom nature of the services we offer. It also allows the principals to launch additional services in an individually branded or co-branded way.

With the changing economy, CustomBPS founders realized the creation of a new brand would be necessary to support changes to their business model. “The new business model and identity allows us to play to all our strengths,” said President Lydia Mehit, “while incorporating what we’ve learned during the last six years as WBP.”

Services ready for launch or planned for 2010 introduction are, “Employee to Entrepreneur Now”, an internet based program for those considering starting their own businesses; employee performance training delivered both in person and via internet, an internet based business workflow and procedure course and at least two publications.

“Our legacy clients will find that we will still deliver the best business planning and process solutions available. This change will allow us to bring this same experience to more people,” said Peter Mehit, COO.

Check out the tour cities painted on the fuselage like bombing runs: Belgrade, Dubai, Bangalore…Bangalore, India?I’ve been to Bangalore. Imagining a stadium full of Bangalorian’s rocking out to Maiden while moshing and making devil horns is a mental stretch for me. The sole American date is Fort Lauderdale. Shouldn’t they be flying Southwest?Continue reading →

Jamie Dimon of JPMorgan Chase declared that a financial crisis is something that “happens every five to seven years. We shouldn’t be surprised.” In short, stuff happens, and that’s just part of life.

But the truth is that the United States managed to avoid major financial crises for half a century after the Pecora hearings were held and Congress enacted major banking reforms. It was only after we forgot those lessons, and dismantled effective regulation, that our financial system went back to being dangerously unstable.

It’s the equivalent of “Hey, who can know why these things happen? What am I, an expert? Fuggetaboutit.”